Business News
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$600m loan linked to IPP debt | The Express Tribune
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[ad_1] ISLAMABAD: Two Chinese commercial banks have linked their $600 million loans with the prior settlement of the debt that Pakistan owes to the Chinese power plants—a condition that Islamabad has refused to accept because of its implications on the…
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ECC okays up to 5% increase in urea prices | The Express Tribune
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[ad_1] ISLAMABAD: The government on Tuesday approved an increase of up to Rs171, or 5%, in urea prices to recover the cost of imported fertiliser after both the centre and provinces refused to bear the cost of subsidy. The arrangement…
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Pakistan ‘upbeat’ on rollover of $2bn UAE deposit
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[ad_1] A person counts $100 bank notes. — AFP/File ISLAMABAD: Pakistani authorities are hopeful that the United Arab Emirates (UAE) will roll over deposits worth $2 billion, sources told Geo News on Monday. People familiar with the matter told Geo…
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Govt to ensure uninterrupted power supply to Karachi: PM
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[ad_1] Caretaker Prime Minister Anwaar-ul-Haq Kakar talks to anchors and journalists in a meeting held at the PM House in Islamabad on August 31, 2023. — PID ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar said Monday that the government, in collaboration…
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$600m commercial loan linked to IPP debt | The Express Tribune
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[ad_1] ISLAMABAD: Two Chinese commercial banks have linked their $600 million loans with the prior settlement of the debt that Pakistan owes to the Chinese power plants—a condition that Islamabad has refused to accept because of its implications on the…
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Struggle of one-job workers intensifies as gig economy booms
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[ad_1] Representational image of a worker doing office work. — Unsplash The rise of the gig economy has redefined work for many. As the gig economy flourishes, one-job workers find themselves ensnared in a relentless cycle, battling the pressures of…
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Tesla outperforms Volkswagen, Subaru, BMW
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[ad_1] A Tesla car outside its Amsterdam showroom on October 23, 2019. — AFP Tesla outperformed automobile companies like Volkswagen, Subaru, and BMW, capturing 4.2% of the US market in 2023. In the US auto industry as a whole, Tesla…
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Several Karachi areas to see cut in power due to maintenance works today
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[ad_1] An image showing a power breakdown in Karachi on January 10, 2021. — AFP Karachiites will experience power outages in multiple areas on Tuesday (today) as the metropolis’ primary electricity supplier K-Electric (KE) would undertake maintenance activity at multiple grids in…
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Auto industry eyes 2024 recovery | The Express Tribune
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[ad_1] KARACHI: In 2023, the auto industry in Pakistan weathered a storm of economic and political challenges, leaving an indelible mark on both industry players and consumer sentiments. The Express Tribune delved into the intricate tapestry of this tumultuous year,…
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A futuristic industrial policy | The Express Tribune
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[ad_1] SYDNEY: An Industrial Advisory Council, constituted by the federal government, is formulating the National Industrial Policy. The committee has articulated its vision of an export-led industrial development to take Pakistan’s exports to $100 billion within five years. An appraisal…
